Business-2 Business VS Business-2-Consumer Just about every business today has a web site. Weather they are doing business with other businesses or selling directly to the public, a business today needs to have a web site. This paper will discuss Business-2 Business (B2B), Business-2-Consumer (B2C). The paper will look at the marketing concept, and the similarities and differences of brick-and-mortar and eBusiness. Every business, rather online or at a physical site, falls in one of the following
B2C stands for business to consumer market wherein businesses sell their product or services directly to customers for household or personal usage. B2B stands for business to business market wherein businesses sell their products and services to other businesses for their consumption, resell or to use them as component in their own product or services. Differences between them are as follows: 1. B2B has oligopolistic competitive market and has fewer buyers to buy their product or services.
described as B2B. Where a company or a company sells directly to a customer or consumer, then this is called B2C. In a supply chain from creation to the customer, there is usually a little different in the way B2B transactions, with only one transaction involving the client. For example, a washing machine manufacturer B2B transaction is something different to buy parts of the machine. There will be more than just a business transaction B2C washing machine for the customer. B2B is also used in other
Electronic commerce (ecommerce) refers to a type of business, or commercial transaction, that engages the transfer of information through the Internet (Boltzan, P. 2008). In other words, it is the buying and selling of goods and services including the transferring of data and funds over an electronic network, predominantly the Internet. The leading benefits of ecommerce include twenty-four seven access, and availability, international scope, larger range of goods and services and the speed of accessibility
E-Business Models Evaluation Abstract According to Richard Trambly, writer for Computer World Magazine, “An e-business model is an approach to conducting electronic business through which a company can sustain itself and generate profitable revenue growth. The business model spells out how a company plans to make money online and how it's competitively positioned in an industry.” This paper will examine three websites that are geared to different populations. First, we will examine a
don't appear out of nowhere! Businesses use what is called a supply chain to make it possible for them to provide the consumers with the products they desire and need. What exactly is a supply chain and how does it ensure that everyone gets what they need? In this paper we will define a supply chain and also take a look at business to business supply chains and business to consumer supply chains and see how they differ and how they are alike. Investopedia.com defines a supply chain as follows: "Supply
Business-to-Business (B2B) Over the past few years, the travel and tourism industry has experienced a major increase in online travel and bookings, due to advanced Internet technology and networks (Vladimirov, 2015). Business to Business (B2B) Ecommerce involves conducting business transactions between companies or government entities over the Internet or World Wide Web (Yazdanifard, et al., 2012). B2B transactions replace complex written and verbal negotiations over complementary services,
information society has transformed the way we do business. One of the most widespread changes is the use of the Internet to develop more efficient communications between suppliers and users of goods and services. This process is called intermediation. In this module we will look at how new Internet-based technologies have revolutionized business communications. First we will define intermediation. Then we will examine how technology has affected business communications. Finally, we will look at some
Online Ethical, Legal, and Regulatory Issues in B2B versus B2C Introduction Companies doing business on the Web must be certain of their ability to manage the liabilities that can emerge as a result of today's online business environment. This environment includes laws and ethical factors that are sometimes different from those in the brick and mortar setting. The online environment often forms a network of customers who can have considerable levels of communication with each other. Online businesses
survive in the business and be succeed in the industry, an organizations needs to have an implementation of information technology and system strategies in their business processes. This is because the elements of Information technology and systems are became expanded in this ages. Faiza sdn bhd needs to have concerned on the particular element that give them the new strategies in implementing information technology and system. i) The Cloud The use of cloud computing as the business information technology
Name Institution Differences between B2B and B2C Business to business and business to customers is two important different terms that one needs to understand. The two terms mean different things in the business environment. The aim of this research paper is to evaluate the differences between business to business and business to customers. Transactions in the case of business to business involve two business organizations while business to customer involves transactions between an organization
chains are all exercises that create or give an item as well as support to a client. Verifiably store network administration has been about decreasing expense. Overseeing inventory network expense is key vital wanting to stay aggressive in a worldwide business sector. All associations have an inventory network. A production network incorporates outside, inside, approaching, and active. Outside and inside supply chains are individuals, parts, crude material, crude sustenance, data, improvement of individuals
the site to perform Business to Business (B2B) and Business to Consumer (B2C) activities, thus allowing online transactions to take place. The introduction of Electronic Commerce in the travel and tourism industry brings a lot of benefits and convenience to NYTS. It not only helps to boost the overall performance in terms of revenue and efficient customer services for NYTS but also improves their management operations. The most significant improvement of the online business plan is that it is less
companies and/or end consumers” (Hemond-Wilson). The most common image of e-commerce “is that of a web-based catalogue from which buyers can order products and the sellers can receive payment” (Hemond-Wilson). E-commerce has two main forms, which are business-to-business, and business to consumer. B2B e-commerce “is business which is conducted between businesses via some electronic means” and B2C e-commerce “is the exchange of money for goods or services between a company and end consumers using electronic
The protection of consumer privacy in e-business The digital era arrives. Blue Book information editorial board and Social Science Literature Publishing House (2010) pointed out that “China's e-commerce transaction volume reached 3.85 trillion yuan in 2009”. Utilisation of e-business services was also high amongst Hong Kong people. About 98.3% of all persons had used e-business services such as Octopus Card and Automatic Teller Machine (Census and Statistics Department, 2009). One of the pitfalls
Advertising in the business is a marketing communication used to persuade, encourage and manipulate an audience (reader or listeners, viewers or some specific group of people) to take or continue to take some action. Most commonly, the desired result is to drive consumer behavior with respect to a commercial offering. “You just can’t say it. You have to get people to say it to each other”, by James Farley means that the true measure of successful advertising design is create information that customers
Market research helps the business to make market decisions for there specific products. In case of Apple Inc. introducing the iPhone 7 in the UAE market the company would have used various methods of doing market research which enabled them to introduce the product in the market by knowing the customers needs, wants and demands. Market research helps the business to be in touch with the consumers and understand there needs. To do market research in the UAE market Apple Inc. has used primary and
Once a decision is made to develop a business, whom the customer will be is the next decision to be made. Whom will the company target as a customer? Will it be a business? Or will it be a consumer? Business-to-business (B2B) marketing has differences from business-to-consumer (B2C) marketing practices. This paper will outline these differences between the two types of e-commerce business transactions. 'Traditional marketing in the business-to-business environment requires very different strategies
e-commerce business types, Business-to-business (B2B) and Business-to-Consumer (B2C), there are many differences in the way they operate. Specifically in marketing, differences include how the marketing is driven and the values of the strategies, the size of the target market and length of the sales cycle, and even the buying patterns of the target consumers. Each of these differences will be better defined and explained in the following paragraphs. Drive and Strategy Values Business-to-Business Business-to-business
E-Business E-business is the largest emerging trend in business today. The movement into e-business is dramatically changing the way people buy and sell. Business is no longer a one for all concept, that concept is being replaced by a consumer economy that is driven by choice. These choices are not only in product and price but in shopping environment as well, where their transactions can take place face to face or in an online environment. Not only are traditional businesses completing their transactions